Macau businessman wants to start mining and drilling for oil and gas in Angola and Mozambique



Filed under : News, Stanley Ho

June 25, 2006 | MacauHub | Macau businessman, Stanley ho said Thursday in Lisbon in an interview with Portuguese news agency Lusa, that he wants to begin mining operations and oil and gas drilling in Angola and Mozambique, in order to supply the growing needs of Chinese companies.

Ho said that Chinese economic growth had to be fed with increasing amounts of energy and that, with this in mind, “Mozambique and Angola will be important markets in the future.”

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